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Furniture giant IKEA raises prices as supply chain woes persist
Furniture giant IKEA raises prices as supply chain woes persist
The world's biggest furniture brand IKEA is raising prices by an average of 9% as it faces increasing costs in transport and raw materials, the owner of most of its stores worldwide said on Thursday.
Furniture giant IKEA raises prices as supply chain woes persist
Turkey's currency tumbles after latest rate cut
Turkey's currency tumbles after latest rate cut
The Turkish lira has fallen another 12% relative to the dollar, bringing its plunge to about 50% since rate cuts began in September. Erdoğan yesterday announced he's raising Turkey's minimum wage by an eye-popping 50%— a move that could also stoke further inflation which remains over 21%.
Turkey's currency tumbles after latest rate cut
COVID-19 has made inflation a global problem
COVID-19 has made inflation a global problem
In case you haven’t heard … prices? They’re higher these days. That’s not terribly surprising, given the global supply chain debacle, but it turns out a once-in-a-lifetime pandemic has an impact, too. Dozens of countries have experienced inflation since the onset of the pandemic, and the United States has one highest rates. Today, we look at how the U.S. approach to addressing inflation differs from other countries around the globe. We’ll also take a trip to a warehouse to see its role in the global supply chain, hear how the Great Resignation isn’t necessarily benefitting everyone and celebrate jobless claims that haven’t been this low since the Beatles were together.
COVID-19 has made inflation a global problem
The housing theory of everything - Works in Progress
The housing theory of everything - Works in Progress
Western housing shortages do not just prevent many from ever affording their own home. They also drive inequality, climate change, low productivity growth, obesity, and even falling fertility rates.
The housing theory of everything - Works in Progress
Why U.S. Housing Prices Aren’t as Crazy as You Think
Why U.S. Housing Prices Aren’t as Crazy as You Think
The housing market continues to set new records.The S&P CoreLogic Case-Shiller U.S. National Home Price Index just reported its highest one-year gain in history, up nearly 19% through the end
Why U.S. Housing Prices Aren’t as Crazy as You Think
Upcoming Correction But Still a Bull Market
Upcoming Correction But Still a Bull Market
Inflation has continued to concern investors into the month of August, causing many growth stocks to give back any footing they gained in the prior month. Since the February top in tech growth, only select names in the cloud and semiconductor space, as well as big tech, are at new highs, while many high fliers from last year are still building a base.
Upcoming Correction But Still a Bull Market
Apartment List National Rent Report
Apartment List National Rent Report
Apartment List publishes monthly rent reports to examine key trends in cities and states across the nation. How have rents in your city changed recently?
Apartment List National Rent Report
Prices on the rise · Vox
Prices on the rise · Vox
Matt is joined by economist Julia Coronado to talk about inflation, markets, and employment in the pandemic recovery economy. They discuss housing, new and used car markets, and possible strategies toward achieving full employment.
Prices on the rise · Vox
European factories racing as Asian manufacturers see momentum weaken
European factories racing as Asian manufacturers see momentum weaken
LONDON/TOKYO (Reuters) -European factories continued to ramp up their post-lockdown recovery in June but Asian manufacturers saw momentum weaken amid rising input costs and the reintroduction of curbs to combat a new wave of coronavirus infections, surveys showed. Czech and Polish manufacturing hit a record pace of activity for the second month in a row as orders rose and economies opened up again. But manufacturing activity grew at a slower pace in China and Japan as raw materials rose, while activity shrank in Vietnam, Malaysia and India, where governments imposed tougher restrictions to contain fresh coronavirus outbreaks.
European factories racing as Asian manufacturers see momentum weaken
Your Next Round of Drinks Might Be More Expensive
Your Next Round of Drinks Might Be More Expensive
Some distillers, brewers and vineyards say they are absorbing higher costs for packaging, aluminum, labels, transportation and energy, but that might not last.
Your Next Round of Drinks Might Be More Expensive
The Inflation Red Herring by Joseph E. Stiglitz - Project Syndicate
The Inflation Red Herring by Joseph E. Stiglitz - Project Syndicate
Far from signaling the return of significant inflation, temporary price increases are exactly what one would expect in a recovery following an economic shutdown. Whether those peddling inflation fears are pursuing their own agenda or simply jumping the gun, they should not be heeded.
The Inflation Red Herring by Joseph E. Stiglitz - Project Syndicate
Why Home Prices Soared More Than Expected in March
Why Home Prices Soared More Than Expected in March
Prices grew 13.3% annually in March, according to Case-Shiller. Other data due out this week will offer clues about whether the housing supply crunch will continue.
Why Home Prices Soared More Than Expected in March
Eurozone Inflation Above Target Sooner Than The ECB Expected
Eurozone Inflation Above Target Sooner Than The ECB Expected
The annual rate of inflation hit the European Central Bank’s target for the first time since late 2018, as energy prices surged in response to a strengthening recovery in the global economy.
Eurozone Inflation Above Target Sooner Than The ECB Expected